Granville's Climax Indicator (CLX)
#1
Posted 08 February 2012 - 06:29 AM
If anybody has followed the record of the CLX indicator or has experience reading it, I'd be interested in how you interpret it's current readings.
TIA
#2
Posted 08 February 2012 - 09:08 AM
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
Posted 08 February 2012 - 09:13 AM
#5
Posted 08 February 2012 - 09:25 AM
February 12th, 2005
Granville Predicts 2005 Dow Crash
"Joseph Granville, who accurately forecast in 2000 that U.S. stocks’ bull market would end, is at it again. He expects the Dow Jones Industrial Average to suffer its biggest annual loss this year since the Great Depression.
“We’re in the critical portion of a coming collapse and the market’s screaming to get out,” said Granville in an interview from Kansas City, Missouri. “Everyone’s bullish. There’s going to be a tremendous surprise and it’s going to be to the downside.”
"Granville, publisher of the Granville Market Letter since 1963 and a technical analyst for almost 50 years, also foretold a stock-market decline in 1976. He misfired in 1982 and 1995 by calling for losses before share prices surged.
http://www.ritholtz....2005-dow-crash/
One of his CLX associates also posted:
"The mother of all bull markets is ded ahead."
1/16/2002 10:34PM
And this more recent one:
"1374 will never again be seen in our lifetimes...mark this down" Aug. 2007
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&st=2005-09-01&en=(today)&i=p90953413674&a=123330694&r=8350.png
Edited by Rogerdodger, 08 February 2012 - 09:49 AM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#6
Posted 08 February 2012 - 09:42 AM
klh
#7
Posted 08 February 2012 - 11:37 AM
Wollanchuck popularized it on the old FF board - one of the old timers that kept it by hand, IIRC, was Joanne M.
It still goes on. Snorty has his own board at Crystal Ball
(from which I have been evicted - go figure ) where the
blah, blah, blah continues unabated.
Edited by selecto, 08 February 2012 - 11:40 AM.
#8
Posted 08 February 2012 - 11:05 PM
DJIA to Fall 4,000 Points in 2012, Granville Says
http://www.bloomberg...video/84758540/
"DOW DOWN 1,000 points every quarter."
based on OBV
next couple of weeks: "STRAIGHT DOWN!"
The "STRAIGHT DOWN!" decline began 2 1/2 weeks ago...
Edited by Rogerdodger, 08 February 2012 - 11:18 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#9
Posted 09 February 2012 - 06:11 AM
#10
Posted 09 February 2012 - 09:11 AM